Clay County Memorandum of an Installment Sales Contract Form
Clay County Memorandum of an Installment Sales Contract Form
Fill in the blank Memorandum of an Installment Sales Contract form formatted to comply with all Illinois recording and content requirements.
Clay County Memorandum of an Installment Sales Contract Guide
Line by line guide explaining every blank on the Memorandum of an Installment Sales Contract form.
Clay County Completed Example of the Memorandum of an Installment Sales Contract Document
Example of a properly completed Illinois Memorandum of an Installment Sales Contract document for reference.
All 3 documents above included • One-time purchase • No recurring fees
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Additional Illinois and Clay County documents included at no extra charge:
Where to Record Your Documents
County Clerk/Recorder
Louisville, Illinois 62858
Hours: 8:00 to 4:00 Monday through Friday
Phone: (618) 665-3626
Recording Tips for Clay County:
- Double-check legal descriptions match your existing deed
- Check that your notary's commission hasn't expired
- Bring extra funds - fees can vary by document type and page count
- Both spouses typically need to sign if property is jointly owned
Cities and Jurisdictions in Clay County
Properties in any of these areas use Clay County forms:
- Clay City
- Flora
- Ingraham
- Louisville
- Sailor Springs
- Xenia
Hours, fees, requirements, and more for Clay County
How do I get my forms?
Forms are available for immediate download after payment. The Clay County forms will be in your account ready to download to your computer. An account is created for you during checkout if you don't have one. Forms are NOT emailed.
Are these forms guaranteed to be recordable in Clay County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Clay County including margin requirements, content requirements, font and font size requirements.
Can I reuse these forms?
Yes. You can reuse the forms for your personal use. For example, if you have multiple properties in Clay County you only need to order once.
What do I need to use these forms?
The forms are PDFs that you fill out on your computer. You'll need Adobe Reader (free software that most computers already have). You do NOT enter your property information online - you download the blank forms and complete them privately on your own computer.
Are there any recurring fees?
No. This is a one-time purchase. Nothing to cancel, no memberships, no recurring fees.
How much does it cost to record in Clay County?
Recording fees in Clay County vary. Contact the recorder's office at (618) 665-3626 for current fees.
Questions answered? Let's get started!
The seller has the option of recording the Contract for Deed, or a Memorandum of Contract (within 10 business days of the date of sale of any residential real estate subject to an installment sales contract, and prior to any subsequent sale or other transfer of any interest in the residential real estate or contract by the seller, the seller shall record the contract or a memorandum of the contract with the county recorder of deeds. A memorandum of the contract shall be titled "MEMORANDUM OF AN INSTALLMENT SALES CONTRACT") ((765 ILCS 67/20(a))
In short an ("Installment sales contract" or "contract" means any contract or agreement, including a contract for deed, bond for deed, or any other sale or legal device whereby a seller agrees to sell and the buyer agrees to buy a residential real estate, in which the consideration for the sale is payable in installments for a period of at least one year after the date of sale, and the seller continues to have an interest or security for the purchase price or otherwise in the property. "Installment sales contract" does not include a financing arrangement that for religious or cultural reasons does not allow the imposition or collection of interest and that is offered by a person, partnership, association, limited liability company, or corporation doing business under and as permitted by any law of this State or the United States relating to banks, savings and loan associations, savings banks, credit unions, or third-party religious or cultural lenders.) ((765 ILCS 67/5)
Why record a Memorandum instead of a Contract?
Memorandum of Contract: This is useful when you want to protect certain details of the agreement while still providing public notice of its existence. It is appropriate for maintaining some level of privacy and avoiding the recording of lengthy or sensitive contract details.
Original Contract: Recording the original contract is beneficial when you need full legal protection and clarity. It ensures that all terms are public and enforceable, providing comprehensive protection against disputes and claims.
Important: Your property must be located in Clay County to use these forms. Documents should be recorded at the office below.
This Memorandum of an Installment Sales Contract meets all recording requirements specific to Clay County.
Our Promise
The documents you receive here will meet, or exceed, the Clay County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
Save Time and Money
Get your Clay County Memorandum of an Installment Sales Contract form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.
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March 13th, 2025
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April 1st, 2022
Very easy to find what I needed. Really liked the instructions included with the forms and also the suggestion of other forms that I might need.
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January 10th, 2020
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June 14th, 2021
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Cynthia R.
September 23rd, 2020
Fantastic efiling service! The transaction went very smoothly. Thanks!
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Lucus S.
May 19th, 2022
I tried to do it myself by copying an old deed and ended up with a bunch of headaches (expensive ones) wish I would have used these documents first. Live and learn.
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Kari G.
July 15th, 2021
The service was prompt and attentive to my questions. I would've just appreciated a heads up that I also needed to contact the county directly (and provide contact info) to receive a certified copy of the document (Notice of Commencement) in order to submit the certified copy to the Building Department. This was an extra step that I haven't had to complete before using another eRecording service. Even if this extra step is a result of the county's system. I would still have expected a head's up (since there wasn't any info regarding this on the county's site for eRecording).
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Jeri M.
October 28th, 2019
Very happy with the site and the deed document I received.
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Tommie G.
March 11th, 2021
I saved 225.00 with this purchase.Make sure you have an updated property description from your county tax collectors' office.In Bay county,Florida the tax office will email you an updated property description.I attached the email to the the deed.I had to change the date and they accepted a white out and ink correction on your form.
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Cherie J K.
June 7th, 2019
needed to prepare a corrective deed and found this great website to print the corrective deed and instructions and example of corrective deed
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November 13th, 2019
Excellent product and so easily obtained. Well worth the price.
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Mark G.
May 22nd, 2019
I would recommend this product for little effort needed to complete any action you might require.
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Eva L.
June 19th, 2020
So far so good! I haven't had an opportunity to populate the forms but they seem to be very easy to do. The sample deed serves very well. Ordering the forms were very easy, I was impressed with the ease of doing so.
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Estelle R.
May 25th, 2022
Easy to download. Hopefully easy to fill in. Just wish there was wording for a Beneficiary Deed for moving real estate property owned by a married couple to their Trust upon death of last Trustee.
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Chris H.
December 8th, 2020
Fast and Easy. Did not have to leave my office to get this done.
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